Argentine court freezes 25 crypto accounts in Libra memecoin case

An Argentine federal judge, Marcelo Martínez de Giorgi, has frozen 25 cryptocurrency accounts related to the Libra (LIBRA) memecoin case. The judge also ordered Binance, Bybit, OKX, CoinEx, FixedFloat, and Bitfinex to submit account holders' KYC data, IP records, associated bank accounts, and complete transaction histories. Federal police stated they had identified funds originating from the "Team Libra Wallet" that moved through multiple blockchains and centralized exchanges. They noted that some transactions were structured to make the funds difficult to trace. The investigation is connected to an incident in which Argentine President Javier Milei promoted the LIBRA token on X in February 2025.